Rotunda Rumblings

Base motives: The Public Utilities Commission of Ohio last week agreed to allow FirstEnergy to raise its base electricity rates by a net total of $34 million per year for the next few years. But not only is that far less than the $190 million-per-year rate hike FirstEnergy wanted, but two of FirstEnergy’s Ohio subsidiaries – Ohio Edison and Toledo Edison – will actually lower their base rates. Jeremy Pelzer lays out why only Illuminating Company customers will see their base rates go up, and why state regulators settled on the rates they did.

Veto pressure : Rental property owners are urging Gov. Mike DeWine to veto part of Ohio’s new property-tax plan, saying a break for homeowners will come at the expense of renters. The change was added late to House Bill 186,

See Full Page